September 2025 U.S. Import and Export Price Indexes — 2025-12-03

U.S. import prices recorded no change in September, the U.S. Bureau of Labor Statistics reported today, following a 0.1-percent advance in August. Higher prices for nonfuel imports offset lower prices for fuel imports in September. Prices for U.S. exports were unchanged in September, after rising 0.1 percent the previous month. Note that September data collection was completed before the lapse in appropriations. Import prices recorded no change in September following increases of 0.1 percent in August and 0.3 percent in July. Prices for U.S. imports rose 0.3 percent from September 2024 to September 2025. The September increase was the first over-the-year advance since the index rose 0.8 percent for the year ended March 2025. (See table 1.) Fuel Imports: Import fuel prices declined 1.5 percent in September following a decrease of 0.5 percent in August and an increase of 2.8 percent in July. Lower import prices for petroleum and natural gas led the decrease.